The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has nopamortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years,MA AUOTand the notes payable will be rolled over.Balance Sheet (Millions of S)AssetsCash and securitiesAccounts receivableInventoriesTotal current assetsNet plant and equipmentTotal assets and staiLiabilities and Equity level woAccounts payablesuzu ols erojaNotes payableAccrualsTotal current liabilities il of bozore alLong-term bondsTotal debtCommon stockRetained earningsTotal common equityTotal liabilities and equitybeingIncome Statement (Millions of $)Net salesOperating costs except depr'nDepreciationEarnings bef int and taxes (EBIT)Less interestEarnings before taxes (EBT)TaxesNet incomeOther data:Shares outstanding (millions)Common dividendsInt rate on notes payable & L-T bondsFederal plus state income tax rateYear-end stock price2016Ons $ 1,554.0 waliot od to doidw& mol of ovien 9,660.0m vilmonog al il sbitqciq s diw13,440.0$24,654.017,346.0$42,000.0mousseasdial 30%$ 7,980.05,880.04,620.0$12,600.0$42,000.0$18,480.0aslugor a 11.5.2010,920.0d to tuomis odi$29,400.03,360.09,240.0101 als2016$58,800.0$54,978.0$1,029.0$ 2,793.01,050.0$ 1,743.0$ 610.1$1,133.0anodaogio dsvbezib ono..0job of residue175.00$ 509.836.25%35%$77.69gsimybe ono.bdi vtilidail Pasl916har venoMbote ngis10¹1015min d23bola.2.0.5(-hod2.belse A 4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day yearfor this calculation.a. 48.17b. 50.71c. 53.38d. 56.19e. 59.145. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1.1a. 0.90million twob. 1.12c. 1.40d. 1.68e. 2.02a. 4.17b. 4.38c. 4.59d. 5.82e. 5.07todes,82 hoon bad asgp posis6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio?Hint: COGS = the sum of operating costs except depreciation + depreciationoffers a rate of returVir0720828SA,OTers (82SteW SV0202 baa noitsioonCho tad ebnod ibontchopine staisnog turli bas enologovai ot basarsana buxit won yurd of 0212 basqa of besiuper anw milTonuenoy elloW bib wolt diso est donn wohl Istiquo grist00.00 12.002.828,12EA 120,1200.040,9224.121.327. Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio?a. 45.93%b. 51.03%c. 56.70%d. 63.00%e. 70.00%due mot

Name: The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn I
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Description: The following data is for questions 4 to 7MI 1ST 10lsuntenPettijohn Inc.The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has nopamortization charges, it does not lease any assets, none of its debt must be

Ratio analysis is the study of different financial data points found in the financial reports of an…

Business

Finance

4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1. a. 0.90 million three year b. 1.12 c. 1.40 d. 1.68 e. 2.02 pothe a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 fotonoy elloW bib wolt 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation 082,182 ". Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% 8CA0T2 00.00.12 02.828, 12 00.000,02 24.121.52

4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year for this calculation. a. 48.17 b. 50.71 c. 53.38 d. 56.19 e. 59.14 5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1. a. 0.90 million three year b. 1.12 c. 1.40 d. 1.68 e. 2.02 pothe a. 4.17 b. 4.38 c. 4.59 d. 5.82 e. 5.07 fotonoy elloW bib wolt 6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio? Hint: COGS = the sum of operating costs except depreciation + depreciation 082,182 ". Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio? a. 45.93% b. 51.03% c. 56.70% d. 63.00% e. 70.00% 8CA0T2 00.00.12 02.828, 12 00.000,02 24.121.52

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Concept explainers

Financial Ratios

A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.

Return on Equity

The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.

Topic Video

Question

4. Refer to the data for Pettijohn Inc. What is the firm's days sales outstanding? Assume a 360-day year
for this calculation.
a. 48.17
b. 50.71
c. 53.38
d. 56.19
e. 59.14
5. Refer to the data for Pettijohn Inc. What is the firm's total assets turnover? for a payment of $1.1
a. 0.90
million two
b. 1.12
c. 1.40
d. 1.68
e. 2.02
a. 4.17
b. 4.38
c. 4.59
d. 5.82
e. 5.07
todes,82 ho
on bad asgp posis
6. Refer to the data for Pettijohn Inc. What is the firm's inventory turnover ratio?
Hint: COGS = the sum of operating costs except depreciation + depreciation
offers a rate of retur
Vir
072082
8SA,OT
ers (82
SteW SV
0202 baa noitsioon
Cho tad ebnod ibontcho
pine staisnog turli bas enologo
vai ot basarsana buxit won yurd of 0212 basqa of besiuper anw mil
Tonuenoy elloW bib wolt diso est donn wohl Istiquo grist
00.00 12.0
02.828,12
EA 120,12
00.040,92
24.121.32
7. Refer to the data for Pettijohn Inc. What is the firm's debt-to-assets ratio?
a. 45.93%
b. 51.03%
c. 56.70%
d. 63.00%
e. 70.00%
due mot

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Use the following information to complete the balance sheet below. Sales are $8.7 million, capital intensity ratio is 2.00 times, debt ratio is 65 percent, and fixed asset turnover ratio is 1.20 times. Note: Enter your answers in millions of dollars rounded to 2 decimal places. Current Assets = ? Fixed Assets = ? Total assets = ? Total liabilities = ? Total equity = ? Total liabilities and equity = ?
24. Following are a company's income statement at the end of the last year (year 0) and coming year (year 1). Each year, the company's accounts receivable need to be main- tained at 5% of sales. The company's inventory and accounts payable do not change. Capital expenditure in year 1 is $10,000. Year Sales Depreciation EBIT Taxes (a) What is the free cash flow in year 17 1 85,000 92,000 20,000 22,000 17,000 19,500 3,500 3,700 0 (b) The company's business is mature, so it is expected to generate the same amount of free cash flow every year forever. The firm-specific discount rate is 7%, and the risk-free rate is 2%. What is the enterprise value of the company? (c) The company has $150,000 in cash and $50,000 in debt. In addition, it has 7000 shares outstanding. What is the company's stock price per share?
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PROBLEM 1- Financial Statement Analysis The following information is available concerning the PAPASA-KA Company's expected results in 2019 (in thousand pesos). Turn-overs are based on year end values REQUIRED: Find all the values of the unknown variables 1. Return on sales 2. Gross profit percentage 3. Receivables turnover 6% 40% 5 times 4. Inventory turnover 5. Current ratio 6. Ratio of total debts to assets 4 times 3 40% CONDENSED INCOME STATEMENT CONDENSED BALANCE SHEET Sales P900 Cash P30 Current Liabilities Cost of Sales Receivables Long term debts Equity Gross profit OpEx Inventory PPE 670 Net income Total Total
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Motorola Credit Corporation's annual report (dollars in millions) 3311 Net revenue (sales) Net earnings 170 Total assets 2,245 Total liabilities 1,929 Total stockholders' equity 316 a. Find the total debt to total assets ratio. (Round your answer to the nearest hundredth percent.) Total debt to total assets b. Find the return on equity ratio. (Round your answer to the nearest hundredth percent.) Return on equity c. Find the asset turnover ratio. (Round your answer to the nearest cent.) Asset turnover d. Find the profit margin ratio on net sales. (Round your answer to the nearest hundredth percent.) Profit margin
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